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Toll Brothers Inc. Profit Climbs In Q1, Beats estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Toll Brothers Inc. (TOL) announced earnings for its first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $239.6 million, or $2.25 per share. This compares with $191.5 million, or $1.70 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $1.95 billion from $1.78 billion last year.

Toll Brothers Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $239.6 Mln. vs. $191.5 Mln. last year.
-EPS (Q1): $2.25 vs. $1.70 last year.
-Analyst Estimate: $1.78
-Revenue (Q1): $1.95 Bln vs. $1.78 Bln last year.

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